Gold Royalty Corp. is pleased to announce that it has entered into a binding purchase and sale agreement with OMF Fund III Ltd., an entity managed by Orion Mine Finance Management LP to acquire a copper stream on the Vares Silver Project , operated by a subsidiary of Adriatic Metals plc located in Bosnia and Herzegovina . Under the terms of the PSA, Gold Royalty will pay consideration to Orion of US$50 million to acquire [...]
Gold Royalty Corp. is pleased to announce that it has entered into an agreement with National Bank Financial Inc. and BMO Capital Markets Corp., as joint book-runners, on behalf of a syndicate of underwriters , pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 17,442,000 units of the Company at a price of US$1.72 per Unit , for aggregate gross proceeds of approximately US$30 million [...]
Gold Royalty Corp. is pleased to announce the filing of its operating and financial results for the three months ended March 31, 2024. All amounts are expressed in U.S. dollars unless otherwise noted. David Garofalo, Chairman and CEO of Gold Royalty, commented: "We are proud to have delivered on another growth milestone in the first quarter, generating positive operating cash flow for the first time. Our recent [...]
Gold Royalty Corp. is pleased to announce it has entered into a three-year mutual cooperation agreement with Taurus Mining Royalty Fund L.P. that provides each party the ability to coinvest in certain precious metals royalties and streams sourced by the other party. The agreement provides a framework for cooperation and communication amongst the parties in the identification and evaluation of potential co-investment [...]
First Quarter Results to be Released on May 13, 2024 Gold Royalty Corp. is pleased to announce record quarterly Total Revenue, Land Agreement Proceeds and Interest*, driven by the Company's cornerstone royalties, recent royalty acquisitions and its unique royalty generator model. All amounts are expressed in U.S. dollars unless otherwise noted. Preliminary Q1 2024 Results Gold Royalty recorded Total Revenue, Land [...]
Gold Royalty Corp. announced today that Glenn Mullan has stepped down as a director of the Company. About Gold Royalty Corp.Gold Royalty Corp. is a gold-focused royalty company offering creative financing solutions to the metals and mining industry. Its mission is to invest in high-quality, sustainable, and responsible mining operations to build a diversified portfolio of precious metals royalty and streaming interests [...]
Gold Royalty Corp. is pleased to announce that IAMGOLD Corporation has completed its first gold pour at the Côté Gold Mine , located in Ontario, Canada. Gold Royalty holds a 0.75% net smelter return royalty over the southern portion of the mine, which is expected to be incorporated into phase I of the mine plan. David Garofalo, Chairman and CEO of Gold Royalty, commented: "We are thrilled to see IAMGOLD achieve first gold [...]
Gold Royalty Corp. is pleased to announce the filing of its operating and financial results for the three months and full year ended December 31, 2023. All amounts are expressed in U.S. dollars unless otherwise noted. David Garofalo, Chairman and CEO of Gold Royalty, commented: "In just three years, we have grown rapidly from 18 development stage royalties to 240 royalties, including 5 producing projects. We feel our [...]
Gold Royalty Corp. will release its financial and operating results for the full year and quarter ending December 31, 2023 on Thursday, March 28, 2024. An investor webcast will be held on Thursday, March 28, 2024 starting at 11:00 am ET to discuss these results. Management will be providing an update to interested stakeholders on the Company's 2023 results including key recent catalysts that have been announced on the [...]
Gold Royalty Corp. is pleased to announce that, further to its news release dated November 2, 2023, it has completed the acquisition of a portfolio of 21 royalties located in Québec from SOQUEM , a subsidiary of Investissement Québec. Pursuant to the transaction, the Company acquired the royalty portfolio for consideration C$1.0 million, which was satisfied through the issuance of 496,785 common shares to SOQUEM at a [...]
Gold Royalty Corp. is pleased to announce that, further to its news release dated December 5, 2023, it has completed its investment, consisting of a 2% net smelter return royalty on the Borborema gold project and a royalty-convertible gold-linked loan, with Borborema Inc., a wholly-owned subsidiary of Aura Minerals Inc. . Pursuant to the Transaction, Gold Royalty acquired the Royalty for US$21.0 million and the [...]
Gold Royalty Corp. is pleased to announce that it has entered into agreements with Borborema Inc.,a wholly-owned subsidiary of Aura Minerals Inc., to provide $31 million in project financing to develop the Borborema gold project. Pursuant to the transaction, Gold Royalty will acquire a 2% net smelter return royalty on Borborema from a subsidiary of Aura for cash consideration of $21 million and will provide additional [...]